Car parking has become as important as cars in climate change efforts

Vcg | China Optical Group | Getty Images It’s not just cars that will go through the energy transition in the coming years. Parking lots where electric vehicles are recharged are a growing focus of construction efforts linked to climate change and carbon abatement. A law approved in France last month requires that car parks … Read more

Why more workers need access to retirement savings

Labor Secretary Marty Walsh speaks during a press conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. However, many find that their funds do not meet this goal when they reach their golden years. A big part of the problem has to … Read more

South Korea inflation, US jobs report, COVID-19 in China

Singapore and New York ranked the most expensive cities to live in: EIU Singapore and New York were named as the most expensive cities to live in this year, according to Economic Information Unit (EIU). The average price of goods in 172 major cities globally has risen by 8.1% in local currency terms this year, … Read more

India to be the third largest economy by 2030: S&P Global, Morgan Stanley

A beautiful and colorful aerial view of the Mumbai skyline during twilight seen from Currie Road, on February 16, 2022 in Mumbai, India. Prateek Chorgi | Hindustan Times | Getty Images India is set to overtake Japan and Germany to become the third largest economy in the world, according to the Standard & Poor’s Worldwide … Read more

The biggest risks of using fitness trackers to monitor health

Fitness trackers, which help monitor sleep quality, heart rate, and other biological metrics, are a popular way to help Americans improve their health and well-being. There are many types of trackers on the market, including those from well-known brands like Apple, Fitbit, Garmin, and Oura. While these devices are becoming increasingly popular—and have legitimate uses—consumers … Read more

Inflation is declining. Here’s what that means for your annual salary increase

Physics | iStock | Getty Images Inflation and annual wages are not in a one-to-one relationship. This became apparent to many workers last year when annual merit increases in salaries and wages were nowhere near the highest levels of inflation in four decades. Many employees stuck, even as wages increased by more than has been … Read more

Economies booming with Russian wealth and immigration

Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization campaign on September 21. Daru Solakuri | Getty Images News | Getty Images While many economies are suffering from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from the influx of Russian immigrants and … Read more

Fed Minutes, Bank of Korea Decision, Sri Lanka

Malaysian stocks rose with the announcement of the Prime Minister’s State Palace Listed shares rose in Malaysia as the state palace announce Anwar Ibrahim, Prime Minister of the nation. pointer KLCI Index It was trading up 3.86% following the previous negative sessions, and it traded at the highest levels in more than two months. communication … Read more

China may have ‘passed the point of no return’ with soaring rates of Covid infection

Macquarie’s chief China economist, Larry Hu, said surging Covid infections across mainland China was making it difficult for the government to achieve zero Covid without returning to a harsh lockdown. In the past few days, the number of daily cases has risen to around 28,000 or more — close to levels seen in April during … Read more

New Zealand interest rate hikes and inflation data

UBS expects to fully reopen China by the third quarter of 2023 UBS Wealth Management expects a full reopening of China by the third quarter of next year due to a number of factors. “We think time is needed for a government that wants to scrutinize public messages because [some] “The concerns among the Chinese … Read more